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2017 (9) TMI 1244 - AT - Central ExciseCENVAT credit - non-maintenance of separate records - Rule 6(3A) of the CENVAT Credit Rules - Held that: - there is no dispute as to the fact that the appellant had reversed the proportionate CENVAT credit attributable to inputs and input services utilized for manufacturing and clearing of exempted goods; that they have not informed the Revenue authorities at the beginning of the year i.e., 2008-09 as to the intention to reverse the proportionate CENVAT credit as per Rule 6(3A) of the CENVAT Credit Rules, 2004. Since there is no denial that the appellant had reversed the proportionate CENVAT credit in time as provider, the ratio of the Division Bench of the Tribunal in the case of Cranes and Structural [2016 (8) TMI 387 - CESTAT BANGALORE], will squarely apply to the case in hand, wherein it has been held that provisions of Rule 6(3A) are procedural in nature and if they are compiled subsequently within the time, should be held as compliance of the provisions of CENVAT Credit Rules. Appeal allowed - decided in favor of appellant.
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